Which of the Following Is a Violation of the Fiduciary

question 104

Multiple Choice

Which of the following is a violation of the fiduciary duty of a partner?

• A) Where one partner uses information that he has gained from the partnership for the advantage of the partnership.
• B) When one partner starts another business without the consent of the other partners which is the same as or in competition with the partnership business
• C) Where a partner uses the partnership property for partnership business.
• D) Where one partner carries on an business unrelated to the partnership with the permission of the partners
• E) Where one partner learns of an investment opportunity in the field of the partnership and tells the partners. The partners decline on the opportunity, so he takes advantage of it himself

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Definitions:

Delta Waves

Brain waves with a frequency of 1-4 Hz that are associated with the deepest stages of sleep and brain development in young children.

Deep Sleep

Deep sleep is a stage of sleep characterized by slow brain waves, known as delta waves, and is crucial for physical renewal, hormonal regulation, and growth.

Circadian Rhythms

Changes in physical, mental, and behavioral aspects that adhere to a daily rhythm of 24 hours, mainly influenced by the presence of light and the absence of it in the surroundings of a living being.

Alertness

The state of being watchful, fully awake, and ready to respond to stimuli or challenges that arise.